Algoma Steel Group Stock Fundamentals
| 9ZY Stock | 10.60 0.20 1.92% |
ALGOMA STEEL GROUP fundamentals help investors to digest information that contributes to ALGOMA STEEL's financial success or failures. It also enables traders to predict the movement of ALGOMA Stock. The fundamental analysis module provides a way to measure ALGOMA STEEL's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ALGOMA STEEL stock.
ALGOMA |
ALGOMA STEEL GROUP Company Shares Outstanding Analysis
ALGOMA STEEL's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current ALGOMA STEEL Shares Outstanding | 103.86 M |
Most of ALGOMA STEEL's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ALGOMA STEEL GROUP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, ALGOMA STEEL GROUP has 103.86 M of shares currently outstending. This is 83.09% lower than that of the Basic Materials sector and 57.37% lower than that of the Steel industry. The shares outstanding for all Germany stocks is 81.84% higher than that of the company.
ALGOMA STEEL GROUP Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ALGOMA STEEL's current stock value. Our valuation model uses many indicators to compare ALGOMA STEEL value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ALGOMA STEEL competition to find correlations between indicators driving ALGOMA STEEL's intrinsic value. More Info.ALGOMA STEEL GROUP is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ALGOMA STEEL GROUP is roughly 2.36 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ALGOMA STEEL's earnings, one of the primary drivers of an investment's value.ALGOMA Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALGOMA STEEL's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ALGOMA STEEL could also be used in its relative valuation, which is a method of valuing ALGOMA STEEL by comparing valuation metrics of similar companies.ALGOMA STEEL is currently under evaluation in shares outstanding category among its peers.
ALGOMA Fundamentals
| Return On Equity | 0.66 | |||
| Return On Asset | 0.28 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.31 % | |||
| Shares Outstanding | 103.86 M | |||
| Shares Owned By Insiders | 10.64 % | |||
| Shares Owned By Institutions | 70.29 % | |||
| Revenue | 3.54 B | |||
| Gross Profit | 1.51 B | |||
| EBITDA | 1.19 B | |||
| Book Value Per Share | 14.78 X | |||
| Earnings Per Share | 4.58 X | |||
| Market Capitalization | 818.92 M | |||
| Annual Yield | 0.02 % | |||
| Last Dividend Paid | 0.2 |
About ALGOMA STEEL Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ALGOMA STEEL GROUP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALGOMA STEEL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALGOMA STEEL GROUP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in ALGOMA Stock
When determining whether ALGOMA STEEL GROUP is a strong investment it is important to analyze ALGOMA STEEL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ALGOMA STEEL's future performance. For an informed investment choice regarding ALGOMA Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ALGOMA STEEL GROUP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.